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Bitcoin Eyes $108K as Bulls Regain Momentum

Bitcoin holds above $98K, signaling a potential breakout. Traders eye $108K as the next target, with macro trends and risk-asset rallies supporting bullish momentum.

What we will talk about today...

Bitcoin Eyes $108K as Bulls Regain Momentum

Bitcoin ETFs: Market Manipulation or Just Business as Usual?

Kiyosaki: Bitcoin Will Recover Fastest After Market Crash

Bitcoin Eyes $108K as Bulls Regain Momentum

Bitcoin holds above $98K, signaling a potential breakout. Traders eye $108K as the next target, with macro trends and risk-asset rallies supporting bullish momentum.

  • Main Points:

    • BTC Holds Strong: Closes at $98,330, its highest in nearly three weeks.

    • Key Resistance Ahead: $98.4K identified as a “pivot point” for a $10K rally.

    • Market Correlations: Bitcoin follows gold and stocks, both hitting new highs.

    • Fed Rate Expectations: March rate cuts remain unlikely, impacting investor sentiment.

    • Gold vs. BTC: Gold’s $20T market cap milestone highlights Bitcoin’s faster growth.

  • Detailed Insights:

    • Technical Breakout Zone: Traders watching $100K as critical support for further gains.

    • Volume Trends: Declining sell pressure hints at an imminent BTC breakout.

    • Stock & Gold Rally: Risk assets rise, with gold outperforming S&P 500’s YTD returns.

    • Bitcoin’s Strength: Historically, BTC doubles in value every 16 months on average.

With Bitcoin mirroring gold’s rally, will it soon shatter its all-time high?

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Bitcoin ETFs: Market Manipulation or Just Business as Usual?

Speculation grows over alleged Bitcoin ETF-driven market manipulation. Analysts debate whether large entities are deliberately suppressing BTC prices or if natural market forces are at play.

  • Main Points:

    • BTC Stalls at $98K: Lack of momentum fuels manipulation claims.

    • ETF Allegations: Analysts suggest institutions push prices down to liquidate traders.

    • Whale Influence: Some suspect coordinated efforts by large players, but no evidence proves it.

    • Legal vs. Illegal Moves: Large orders aren’t illegal, and major firms influence markets regularly.

    • Crypto Correlation: BTC's dominance keeps altcoins moving in sync with its price.

  • Detailed Insights:

    • Market Strategies: Some claim big players force price drops to accumulate cheaper BTC.

    • Traditional Parallels: Vanguard, BlackRock, and others legally sway markets with massive trades.

    • Bot Activity: Automated trading reacts to BTC movements, mirroring stock market patterns.

    • Manipulation Challenges: $35M BTC order book depth makes sustained manipulation difficult.

Bitcoin remains in a tight range, but will it break free soon?

₿itcoin reached $98,739. +1.54%

♢Ethereum reached $2,798.  +2.10%

Kiyosaki: Bitcoin Will Recover Fastest After Market Crash

Robert Kiyosaki warns of an impending market crash but sees Bitcoin as the quickest asset to recover. He plans to buy more BTC if prices drop, reinforcing his belief in Bitcoin as “real money.”

  • Main Points:

    • Crash Warning: Kiyosaki predicts a major downturn for stocks, bonds, real estate, and Bitcoin.

    • BTC Accumulation Plan: If Bitcoin crashes, he intends to buy more, not sell.

    • Quickest Recovery: He believes Bitcoin will rebound faster than traditional assets.

    • Gold & Silver Advocacy: Urges followers to save BTC, gold, and silver over fiat currency.

    • Criticism of USD: Calls the US dollar “fake money” that fuels inflation and wealth disparity.

  • Detailed Insights:

    • Market Downturn Fears: Kiyosaki warns that an “Everything Bubble” collapse is underway.

    • Bitcoin Confidence: Sees BTC as the safest hedge against economic instability.

    • Fiat Skepticism: Claims inflation hurts the poor while benefiting the wealthy.

    • Long-Term Strategy: Advocates for holding BTC over cash savings.

Will Kiyosaki’s bold prediction come true?

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This article is not financial advice. Market conditions can change rapidly, and past performance does not guarantee future results